For the Written Confirmation Rule to Apply,who Must Be a Merchant

question 81

Multiple Choice

For the written confirmation rule to apply,who must be a merchant?

• A)The offeror.
• B)The offeree.
• C)Both the offeror and the offeree.
• D)Neither the offeror nor the offeree.

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Definitions:

Cash Flow

The total amount of money being transferred into and out of a business, affecting its liquidity.

Consent Ability

The capability of an individual to understand and agree to the terms of services or treatment, acknowledging the implications and consequences.

Minor Child

An individual under the age of majority, as legally defined, not considered legally competent to make certain decisions.